EURUSD recently reversed up from the key support level 1.20600 (which reversed the previous minor correctio (iv) at the start of December, as can be seen below), lower daily Bollinger Band, 50-day moving average and the 38.2% Fibonacci correction level of the previous upward impulse wave 1 from the start…

GBPCAD today reversed down from the powerful resistance level 1.74900 (which has been steadily reversing this currency pair from the start of August as can be seen from the daily GBPCAD chart below) and the upper daily Bollinger Band. The downward reversal from the resistance level 1.74900 stopped the previous…

NZDCHF currency pair continues to fall strongly after the pair reversed down from the resistance area lying at the intersection of the resistance level 0.64200 (which stopped the previous waves (i) and (b) earlier this month) and the upper daily Bollinger Band. The pair is likely to form the daily…

AUDJPY recently reversed up from the support area lying at the intersection of the support level 79.650 (former resistance from December – and the low of the previous medium-term correction (4) from last month), upward- sloping support trendline from November and the 38.2% Fibonacci correction of the previous sharp upward…

AUDUSD currency pair recently reversed up from the support area set between the pivotal support level 0.76750 (which has been steadily reversing the price from the start of January), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp upward impulse from the middle of December. The…

EURAUD currency pair recently reversed down from the resistance area lying between the key resistance level 1.57650 (top of the previous correction (a)), upper daily Bollinger Band and the resistance trendline of  the daily down channel from the start of December. This downward reversal stopped the previous corrective wave (c).…

NZDCAD recently reversed up from the support area lying between the key support level 0.90600 (which previously reversed the price in the middle of December), lower daily Bollinger Band and the 38.2% Fibonacci correction level of the previous sharp upward impulse wave 1. The upward reversal from this support area…

EURGBP recently reversed up from the support area lying between the multi-month support level 0.88650 (which has been reversing the price from last June), and the lower daily Bollinger Band. The price will form the daily candlesticks reversal pattern Morning Star – if the pair closes today near the current…

GBPCHF recently reversed down from the resistance area lying between the long-term resistance level 1.21850 (which has been reversing the price from the start of April), and the upper daily Bollinger Band. The last downward reversal from the resistance level 1.21850 created the daily candlesticks reversal pattern Shooting Star –…

AUDCHF continues to rise after the earlier upward reversal from the support area lying between the key support level 0.68300 (which has been reversing this currency pair from the start of January) and the 38.2% Fibonacci correction of the previous sharp upward impulse 3 from the middle of December. Given…